Ethereum co-founder Vitalik Buterin has proposed Argentina as the next Devconnect host, a move welcomed by the country's president, Javier Milei.
Buterin's Proposal
Vitalik Buterin has suggested that the next Devconnect conference take place in Argentina following the LIBRA cryptocurrency controversy. He views Argentina as a prime example of mainstream cryptocurrency adoption. Argentine President Javier Milei expressed his support for the proposal, describing it as an honor and opportunity for the country.
LIBRA Controversy Reaction
The LIBRA cryptocurrency, mentioned by Javier Milei, experienced a rapid rise followed by a sharp fall, leading to significant investor losses and accusations of foul play. Milei maintains he acted in 'good faith' and compared investor losses to gambling risks. Argentina's Anti-Corruption Office is investigating to determine if any laws were broken.
Buterin's Ethical Stance
During a recent AMA session, Vitalik Buterin expressed concerns over ethical issues in the crypto space, particularly the prevalence of blockchain gambling. He urged developers to focus on socially valuable projects and expressed hope that the Ethereum Foundation would steer the ecosystem towards responsible development.
Proposing Devconnect in Argentina highlights efforts to foster the country's blockchain community despite recent LIBRA controversies.
